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No settlement yet with rig operator Transocean or contractor Halliburton.
The report points the finger at Transocean (the rig operator) and Halliburton (the well contractor) as being as much to blame for the disaster as BP.
It is worth remembering that BP, its rig operator Transocean and the main well contractor Halliburton are the blue chip companies in the wider oil and gas sector.
The problem, said safety board investigator Mary Beth Mulcahy, was that well owner BP and rig operator Transocean didn't test the blowout preventer's individual safety systems.
Their search has not been helped by industry grandstanding and finger-pointing, with BP blaming the rig operator, Transocean, for the faulty blowout preventer.
Pride International, an offshore drilling company, rose 15.7 percent after Ensco, a rig operator based in London, said it would buy it for $7.3 billion.
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The report faulted the rig operators.
Perhaps regulators will decided that rig operators, whatever the cost, should install more blind shear rams on all blowout preventers.
It will still be weeks before deepwater drilling can resume, though, because rig operators must reapply for drilling permits under newly toughened safety and environmental rules.
But US rig operators have overturned the moratorium in court, claiming that the industry will move overseas and harm the US economy.
Transocean, the rig operators, say the decision was made "exclusively by BP" to install "fewer than one third of the recommended number of centralizers, dramatically increasing the risk of cement channeling and gas flow".
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